U.S. house prices are rising exponentially faster than income

Re:U.S. house prices are rising exponentially faster than in... by xg15 on Saturday October 30, 2021 @06:15AM (#29047563)

Good point. Still doesn't say where that half is - probably not in high-density urban areas.

But it doesn't even have to mean that. It could also mean that certain undesirable neighborhoods cost far below the median, pulling the average down.

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Re:U.S. house prices are rising exponentially faster than in... by rsj_hn on Saturday October 30, 2021 @07:00AM (#29047808)

Well, we assume the bottom half of housing, or say, the bottom 60% of housing, would be in the bottom 60% of the nation in terms of desirability. But that doesn't mean it's undesirable or bad housing -- certainly it's not viewed as bad by all those people living there -- that's like 170 million people.

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